Meredith Whitney Shuts Down Brokerage

Brokers, Investing
  • Meredith Whitney shut down her brokerage firm the today, following three unprofitable years. She has moved on to managing her own hedge fund, a long/short fund called Kenbelle Capital. Whitney rose to fame during the financial crisis for her prescient predictions on the state of the banking industry.
  • CIBC announced a revamp of their online trading platform for do-it yourself investors with a new ETF center and research from Morningstar and Thomson Reuters.